212 Madison Avenue, Daytona Beach, FL 32114

Local realty services provided by:ERA American Suncoast
212 Madison Avenue,Daytona Beach, FL 32114
$2,700,000
Virtual Tour
  • - Beds
  • - Baths
  • 10,718 sq. ft.
  • Multi-family
  • Active
Listed by:nicolas rodriguez
Office:outlet realty
MLS#:O6357491
Source:MFRMLS

Price summary

  • Price:$2,700,000
  • Price per sq. ft.:$251.91

About this home

An outstanding opportunity to acquire a stabilized, income-producing 20-unit multifamily portfolio located in the heart of Daytona Beach. This well-maintained collection of properties—204, 208, 210, 212, and 214 Madison Ave—delivers exceptional performance with a net operating income (NOI) of $238,613 and a strong 8.8 cap rate. The portfolio is currently 19/20 units occupied, with only one vacant unit, offering immediate and consistent rental income. The properties are professionally managed and maintained, supported by a reliable tenant base combined with federal housing that provides stable, long-term cash flow. Situated minutes from Daytona Beach International Airport, Daytona International Speedway, and the revitalized downtown corridor, this investment benefits from strong local rental demand and continued market appreciation. The central location provides convenient access to shopping, employment centers, and the area’s world-famous beaches, making it highly desirable for

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Home facts

  • Year built:1936
  • Listing ID #:O6357491
  • Added:1 day(s) ago
  • Updated:November 04, 2025 at 02:46 PM

Rooms and interior

  • Living area:10,718 sq. ft.

Heating and cooling

  • Cooling:Wall/Window Unit(s)
  • Heating:Ductless

Structure and exterior

  • Roof:Shingle
  • Year built:1936
  • Building area:10,718 sq. ft.
  • Lot area:1.05 Acres

Utilities

  • Water:Public
  • Sewer:Public, Public Sewer

Finances and disclosures

  • Price:$2,700,000
  • Price per sq. ft.:$251.91
  • Tax amount:$11,358 (2024)
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